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Vivendi suspends GVT sale after DirecTV withdraws - report

2013-03-15 09:23:00| Telecompaper Headlines

(Telecompaper) Vivendi is suspending the sale of its Brazilian telecom subsidiary, GVT, after one of its main bidders, DirecTV withdrew from the process, reports the Wall Street Journal. People familiar with the matter told the newspaper that the offers made were lower than Vivendi wanted. The company was seeking as much as EUR 7 billion in cash for GVT, according to one of the sources. A Vivendi spokesman told the newspaper "We've decided we're not going to sell it for silly prices".

Tags: report sale vivendi directv

 

Reliance Communications in talks with Batelco over Globalcom stake sale

2013-03-15 01:00:00| Total Telecom industry news

Indian operator in dire need of cash to repay $6 billion of loans.

Tags: sale communications talks reliance

 
 

Vivendi restructuring in turmoil after GVT sale falls through

2013-03-15 01:00:00| Total Telecom industry news

French conglomerate fails to attract suitors with 7 billion price tag; focus shifts to Maroc Telecom sale.

Tags: through sale falls restructuring

 

Walkers Advises Capital Partners on $1.2B Sale of Moscow Shopping and Entertainment Mall

2013-03-14 19:45:00| National Real Estate Investor

Tags: shopping sale entertainment capital

 

Real estate Q&A: Check contract before trying to change short sale terms

2013-03-14 16:54:05| Real Estate - Topix.net

QUESTION: I am in the middle of a short sale. Our lender approved it, but only if I contribute $75,000, paid back over 20 years.

Tags: terms real check change

 

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